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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,550 per month, based on comparable local listings. Estimated long-term cap rate of 0.5%. Welcome to this charming, meticulously maintained (1Bed/1Bath) condo @ The 903 Residences that exudes comfort and style, nestled along the revitalized Woonasquatucket River in Downtown Providence. The location of the unit features an exclusive entry hall providing a sense of privacy and seclusion from the common areas of the building. The living space is a bright and sun-filled open area for versatile space planning capabilities and highlighted by a set of exterior French doors that open to a Juliette balcony allowing for an abundance of natural light and refreshing airflow, making it an ideal spot to enjoy a morning coffee or relax in the evenings. The kitchen boasts modern stainless-steel appliances, with a ample counter space to make cooking and entertaining a delight. Tucked away from the main living area, the primary bedroom suite is generously sized, providing a comfortable retreat that includes a large walk-in closet space for extra storage needs. The bathroom and separate laundry closet are connected to the primary suite and features a spa-like soaking tub, offering a perfect oasis to unwind after a long day. The monthly HOA fee includes assigned Garage Parking Space, (24hr) Fitness Center, Outdoor Pool/Spa, Movie Theater, Community Rm, and Dog Park. The location has you nestled in Downtown Providence - walk to the "Downcity" restaurants and shopping along the riverfront, minutes to the local Hospitals, Universities, Train Station, and Highway access. Awesome value.
Monthly Rent | $2,550 |
Monthly HOA | $359 |
Rental Policy | STR Restrictions |
Yearly Taxes | $2180 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 741 |
Furnished | unknown |
Year built | 2003 |
Listing Status | Off Market |
MLS | 1350305 |